If the results of the Preliminary modeling is accepted and the Applicant wants to step further, the parties sign the first (or only) contract on the project development.
The next stage is the “Pre-Feasibility” one. In this, there is collected all detailed information regarding the project and the expectations of the owner/applicant. The “Pre-Feasibility Study is an intermediary level before the final plan and complete “Feasibility Study” are ready for the realization stage.
During the Feasibility stages the Parties - the Applicant and the Technology Provider - are continuously discussing the specific parameters of the plant and the project, the engineering team of the technology proviver visits the prospective site to have in situ information about the environment, where the plant has to be built up.
Based on these accurate and updated information the Feasibility Study becomes the basic document from both technikal and financial point of wiev, before the first step of the real, physical implementation.
Financing
There are several sources and investors, financiers that can be used for projects. These sources are not available permanently, hence the procedure that the applicants have to follow are different from time to time. The actual procedure and the conditions are provided in official offer form if the applicants fulfill the conditions and provide the documents/facts in advance.
The financing can be Loan or Non Recourse Loan (Grant) which is not “free money” because although the repayment guarantee is provided by an international insurance company in “Repayment Guarantee Insurance Bond” form, but the „Fee” of this insurance guarantee has to be paid by the Applicant.
The „Fee” for the “Repayment Guarantee Insurance Bond” to be paid by the Applicant is always guaranteed and reimbursed if the financing is not performed or the Applicant does not need already the financing.
The Documents needed:
- CIS – Client Information Sheet filled in,
- POF – Proof of Fund – about the ability of payment of the fee
The CIS can be downoaded either from here or from the written documents. (CIS for company and individials)